When Prime Minister Narendra Modi launched the ambitious program called Startup India, it was aimed at revolutionising and accelerating the startup revolution in India. There are a number of factors that attract foreign investors to India. However, the biggest factor is the consumer growth backed by the mobile revolution. Making big bets on Indian innovation has become a global point of interest. In recent years, the Indian startup ecosystem has taken off and has matured. Driven by factors such as availability of funding, consolidation activities by a number of firms, evolving technology space and a burgeoning demand within the domestic market has led to the emergence of startups. The numbers on startups speak volumes about the emergence of startups — it is projected that by 2020 there will be 11,500 firms from 3,100 startups in 2014. “The trend is revolutionary! And it’s going to change the way the markets are working today in India,” said Prime Minister Modi recently.
Like PM Modi, fintech
innovator Jignesh Shah's efforts too have been to help budding entrepreneurs
build a strong econonomy for the country. Jignesh Shah created new-generation
markets and segments that are
people-centric and have a comprehensive market structure. 63 moons technologies
limited, under the leadership of Jignesh Shah has made a mark in the exchange
markets and proved itself as a world leader. Needless to say, 63 moons has been
able to comfortably write its success story despite severe competition from
some well-established market players.
Jignesh Shah wanted to
establish a Public-Private Partnership (PPP) model to build world-class
financial institutions and modern IP-centric financial markets to extend
India’s reach. While enriching himself as a
by-product, he wanted to empower the nation by providing job opportunities to
millions of people. His idea of developing the nation was by providing
employment to its citizens that were not only of high-standards but environment-friendly
as well.
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